Conversion Share Price definition

Conversion Share Price means the product of (X) price at which a share of the Securities is sold in the Equity Financing multiplied by (Y) 0.8.

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Conversion Share Price means that amount as shall equal eighty percent (80%) of the Fair Market Value of each Share of Maker's Common Stock (as determined on an as converted and fully diluted basis) as such per Share value and number of Shares of Common Stock are determined to exist as of the Conversion Exercise Date.

Conversion Share Price means that amount as shall equal the Fair Market Value of each Share of Maker’s Common Stock (as determined on an as converted and fully diluted basis) as such per Share value and number of Shares of Common Stock are determined to exist as of the Conversion Exercise Date.

Examples of Conversion Share Price in a sentence

In the event of a Cash Election, at the closing thereof SoftBank shall deliver to the Company certificates (if certificated) for its Class A-1 Preferred Shares and Class D Common Shares or, in other cases, mutually acceptable instruments of transfer, in exchange for payment (per Class A-1 Preferred Share and Class D Common Share held by SoftBank) of the relevant Optional SoftBank Conversion Share Price.
No adjustment involving an increase in the Conversion Share Price will be made, except in the case of a consolidation, subdivision or reclassification of the Shares as referred to in Section 4.1.1, or to correct an error.
Instead of any fractional Conversion Shares that would otherwise be issuable upon conversion of this Note, Maker shall pay a cash adjustment in respect of such fractional interest in an amount equal to the product of (a) the applicable Conversion Share Price and (b) such fractional interest.
Therefore when you divide the 10,000 in accrued salary by the .50 Conversion Share Price you have 20,000 shares of restricted common stock which would be issued in lieu of compensation.
These calculations include, but are not limited to, VWAP, the ADS Ratio, the Last Reported Sale Price of the ADSs, the Floor Price, the Floor Share Price, the Conversion Share Price, the Conversion Price, the Reference Conversion Price, the Cash Alternative Amount, the Fixed Price and any adjustment, including the determination of whether an adjustment needs to be made, under this Note.
In addition, all references to the Last Reported Sale Price of the ADSs will be deemed to refer to the Last Reported Sale Price of the Ordinary Shares, and other appropriate adjustments, including adjustments to the Floor Share Price, the Conversion Share Price or the Conversion Price, will be made to reflect such change.
This Condition shall not apply if and to the extent that the Contractor is able to demonstrate that such injury, death or loss or damage to property was not caused by its negligence or by the negligence of its Staff or sub-contractors.
These calculations include, but are not limited to, VWAP, the ADS Ratio, the Last Reported Sale Price of the ADSs, the NBV Price, the Conversion Share Price, the Conversion Price, the Reference Conversion Price, the Cash Alternative Amount, the Fixed Price and any adjustment, including the determination of whether an adjustment needs to be made, under this Note.
The Company shall, on the Trading Day following a Conversion Election, issue a warrant in the form attached as exhibit A to this Note (the “Warrant”), which shall enable the Holder to purchase the amount of Warrant Shares (as defined in the Warrant) equivalent to the amount of Conversion Shares at the exercise price of the Conversion Share Price.
The exercise price of the Warrant Shares shall be equivalent to the Conversion Share Price (as defined in the Note) of the applicable Conversion Election.

More Definitions of Conversion Share Price

Conversion Share Price means (i) for the first $500,000 converted, the product of (X) price at which a share of the Securities is sold in the Equity Financing multiplied by (Y) 0.5 and (ii) for any principal and interest converted in excess of $500,000, the product of (X) price of which a share of Securities is sold in the Equity Financing multiplied by (Y) 0.75; provided, however, that if either such product is less than $6.00 per share, such Conversion Share Price shall be deemed to be $6.00." 3. The Note, as amended hereby, shall remain in full force and effect. 4. This Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

Conversion Share Price means the average of the Common Stock closing prices for the ten consecutive trading day period commencing upon the third trading day following the Company's public release of annual earnings for the Program Year. Any fractional shares of Common Stock will be rounded to the next full share.

Conversion Share Price means the price per Common Share as declared by resolution of the Board of Directors and equal to the volume-weighted average closing price for one Common Share (converted into the United States Dollars equivalent at the prevailing rate of exchange on the date of conversion) for the eight (8) week period ending on the last trading day immediately prior to the date of conversion, based on trading (as applicable) on the Barbados Stock Exchange, the International Securities Market of the Barbados Stock Exchange and the Trinidad & Tobago Stock Exchange over such period and using such published currency conversion rates as the Board of Directors may determine;

Conversion Share Price means (i) for the first $500,000 converted, the product of (X) price at which a share of the Securities is sold in the Equity Financing multiplied by (Y) 0.5, and (ii) for any principal and interest converted in excess of $500,000, the product of (X) price of which a share of Securities is sold in the Equity Financing multiplied by (Y) 0.75; provided, however, that if either such product is less than $6.00 per share, such Conversion Share Price shall be deemed to be $6.00."

Conversion Share Price means the product of (X) price at which a share of the Securities is sold in the Equity Financing multiplied by (Y) 0.5; provided, however, that if such product is less than $6.00 per share, such Conversion Share Price shall be deemed to be $6.00." 3. The Note, as amended hereby, shall remain in full force in effect. 4. This Amendment may be executed in counterparts, each of which shall be deemed as original, but all of which together shall constitute one and the same instrument.

Conversion Share Price will have the meaning ascribed to such term in Section 4.1. “Current ADS Ratio” will have the meaning ascribed to such term in Section 4.1.